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10 Chartered Accountants

News

10 steps to prevent insolvency
15 January 2024

Despite many owners’ fears, insolvency is avoidable through well-thought-out financial strategies and careful planning. There are several practical strategies for averting insolvency that you and your business should implement during times of strife and economic difficulty.
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Scaling up – How you can grow your business in 2024
15 January 2024

In 2024, small and medium-sized enterprises (SMEs) will face a brand-new set of challenges and opportunities. As the economy continues to react to the events of the last few years, one thing remains important – high-quality business advice. Below, we look at some practical tips for SMEs aiming to scale up and grow their operations and finances in 2024.
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Going green – The financial benefits of investing in a cleaner future
15 January 2024

As a small business owner, embracing environmentally friendly practices not only supports a sustainable planet but can also unlock significant financial benefits for your business. It is important to explore the tax reliefs and allowances available to your business when you adopt green operations so that you can navigate...
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R&D tax relief schemes to merge in 2024 – What it means for future claims
13 December 2023

Chancellor Jeremy Hunt has announced a number of reforms to policies concerning businesses and innovation, in a bid to enhance growth in the economy. A significant measure concerns various tax relief schemes for businesses in the Research and Development (R&D) sector.
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Making Tax Digital for Income Tax – Government kills off confusing year-end statement
13 December 2023

Designed to reduce the tax gap and simplify tax management for individuals and businesses, the Government’s Tax Administration Strategy is set to introduce Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) by 6 April 2026. It will allow those who are self-employed, are landlords...
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The future of payments – Cards, cashless and beyond
13 December 2023

Alongside measures designed to support growing businesses and workers, the Chancellor’s 2023 Autumn Statement saw the publication of the Future of Payments Review. Chaired by former HSBC Chief Executive, Joe Garner, the review comes as many retailers are struggling with the shift to digital and card payment exclusively.
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An essential financial opportunity maximising your State Pension
13 December 2023

In retirement planning, you may encounter a multitude of options and strategies to increase your pot, but some have a catch. However, some prospects are more valuable, and one such opportunity is currently presenting itself to individuals aged 40 to 73 in the United Kingdom.
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Four new investment zones unveiled and how they could help your business
13 December 2023

During the 2023 Autumn Statement, Chancellor Jeremy Hunt made a significant announcement about investment zones that could impact numerous businesses across the UK. The four new investment zones in Greater Manchester, West Midlands, East Midlands (England), and Wrexham and Flintshire (Wales) signify a concerted effort...
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Navigating the challenge of late payments
13 December 2023

In the world of business, cash flow is king and, for small business owners, it is a lifeline that keeps their ventures afloat and enables growth. However, in recent times, late payments have been an issue that has been casting a shadow over small businesses across the UK.
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Autumn Statement 2023
22 November 2023

With a General Election looming on the horizon, Jeremy Hunt rose to give his second speech as Chancellor in the knowledge that his latest measures could have a substantial impact, not only on the future economic success of the nation but the electoral success of his own party.
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